Gigas Hosting S A : Q3 2021 Results Investor' Presentation

Diego Cabezudo	Javier Cañete
CEO	CFO

Q3 2021 Results Investors' Presentation

NOVEMBER 2021

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Disclaimer

This document and the conference-call webcast (including the Q&A session) may contain forward-looking statements and information (hereinafter, the "Information") relating to GIGAS HOSTING S.A. or GIGAS GROUP (hereinafter "Gigas", the "Company" or the "Gigas Group"). This Information may include financial forecasts and estimates based on assumptions or statements regarding plans, objectives and expectations that make reference to different matters, such as the customer base and its evolution, organic growth, potential acquisitions, Company's results and other aspects related to the activity and financial situation of the Company. The Information can be identified, in some cases, through the use of words such as "forecast", "expectation", "anticipation", "projection", "estimates", "plan" or similar expressions or variations of such expressions.

The Information reflects the current view of Gigas with respect to future events, and as such, do not represent any guarantee of future certain fulfilment, and are subject to risks and uncertainties that could cause the final developments and results to materially differ from those expressed or implied by such Information. These risks and uncertainties include those identified in the documents containing more comprehensive information filed by Gigas, such as Annual Accounts or the Incorporation Memorandum (Sept. 2015).

Except as required by applicable law, Gigas does not assume any obligation to publicly update the Information to adapt it to events or circumstances taking place after the date of this presentation, including changes in the Company's strategy or any other circumstance.

This presentation and the conference-call webcast (including the Q&A session) contains or might contain non-audited financial information as prepared by
Management. The information contained herein should therefore be considered as a whole and in conjunction with all the public information regarding the Company
available, including any other documents released by the Company that may contain more detailed information. Neither this document nor the conference-call webcast
(including the Q&A session) constitute an offer to purchase, sale or exchange any shares, a solicitation of any offer to purchase, sale or exchange of any shares, or a
recommendation or advice regarding any shares.	2

2021 has been transformational

First Converged

Telco & Cloud

Operator

Leading provider of cloud computing services in Spain, Portugal and Latam

2021

February 2021 - Gigas acquires a portfolio of +3k business customers from

• Adds fixed telephony, cloud PBX and connectivity services
• Kickstarts Gigas transformation towards converged telecoms, cloud and security provider

March 2021 - Gigas buys ONI, Portugal's leading B2B telecom operator

• Gigas acquires ONI, for €39.5M in a mix of cash and Gigas' shares
• Adds scale, presence in Portugal and strong technical capabilities in voice and networking

April 2021 - Gigas acquires Valoradata's cybersecurity unit

• Adds backup and business continuity services, strengthening portfolio of cybersecurity services
• Contributes with €1.6M revenues and €0.4M EBITDA

June 2021 - Gigas reported more than 4-fold increase in H1 revenue y-o-y

• Gigas reaches €22.72M of revenues and €5.52M of EBITDA in the first half of 2021, outperforming the budget by 16.8% and 34.7%, respectively
• >4-foldincrease in y-o-y figures with an EBITDA in Q2 in line with the expected for Q4

Sept. 2021 - Gigas acquires the virtual mobile operator OnMovil

• MVNO offering mobile services to 85K customers through almost 200 regional operators
• Adds €10M in revenues and positions Gigas as one of the largest independent MVNOs in Spain
• Strengthens the company's strategy of being a one-stop-shop provider for business customers

From €11M revs. and €2.5M EBITDA in 2020 to €64M revs. and €14M EBITDA proforma today

A B2B portfolio built for the digital era

Building a forward-looking

portfolio...

	Current		New services
	IaaS		Hybrid and multi Cloud
	PaaS
	SAPTM Cloud
Cloud
	Disaster recovery		SD-WAN
	Cloud Backup		Managed services
	Firewall as a service
		Clean traffic
	Disaster Recovery
Cyber-		Secure access service edge
security

...unlocking significant value for

Gigas and its clients

Cross-selling opportunities

Cloud/security products

B2B PORTFOLIO

Fixed and Mobile

Telco products

Internet connectivity	Global load balancing
Site interconnection	Secure remote access & VPN

Connectivity

	SIP Trunk	Mobile communications
	VoIP	Cloud PBX
Unified	Collaborative services	Fixed Mobile Convergence
comms.	Fixed Voice

B2B opportunity

Expanding portfolio of digital services

One-stop shop for cloud & communications services

Standardized yet flexible offering tailored to an underserved B2B mid market

B2B markets in

Gigas'

geographies

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Shareholders and Board of Directors

Management

Team*

5.3%

GAEA managed by

Inveready

Private	60.2%	28.2%
Investors

6.3%

J. Poza

100% of Gigas 11.6 million shares are listed on the Alternative Stock Market (BME Growth) in the Madrid Stock Exchange

*There is also a vested stock option plan for the two executive founders which represents approx. 3.5% of the issued shares.

Miguel

VenâncioJosé Antonio

Arribas (COO)

Arantza

EzpeletaGAEA Inversión

(Carlos Conti)

Francisco

Arteche

Emma	Inveready Capital
Co. (Sara Sanz)
Fernández

Board of Directors Secretary: Javier Mateos, PwC

Auditor: Ernst & Young

Independent Board Members

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